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HomeMy WebLinkAboutExhibit - Pre-LegislationCity of Miami Legislation Resolution: R-12-0080 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00012 Final Action Date: 3/8/2012 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTANDING, IN SUBSTANTIALLY THE ATTACHED FORM, AMONG THE CITY OF MIAMI ("CITY"), THE MIAMI SPORTS AND EXHIBITION AUTHORITY AND THE FRIENDS OF MIAMI MARINE STADIUM, INC., A 501(C) 3 NON-PROFIT CORPORATION, ESTABLISHING THE CITY'S PARTICIPATION IN A PUBLIC -PRIVATE PARTNERSHIP IN ORDER TO PLAN AND APPLY FOR GRANTS AND FUNDING FOR THE RESTORATION OF THE STADIUM, AND DEVELOP AN OPERATING PLAN FOR THE OVERALL DEVELOPMENT AND PUBLIC USE OF THE MIAMI MARINE STADIUM TO BE REDEVELOPED ON VIRGINIA KEY, MIAMI, FLORIDA; FURTHER TO PROVIDE FOR COMPLIANCE WITH REQUIREMENTS OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND ALL OTHER APPLICABLE DEED RESTRICTIONS AND GOVERNMENTAL FUNDING PROGRAMS. WHEREAS, there is a strong movement to rehabilitate the Miami Marine Stadium and its surrounding Biscayne Bay basin and uplands (collectively "Stadium") as a recreational and cultural site in the City of Miami ("City"); and WHEREAS, the City, the Miami Sports and Exhibition Authority ("MSEA") and the Friends of Miami Marine Stadium, Inc., a 501(C)3 non-profit corporation ("Friends") will work in a public -private partnership to implement the restoration and public use of the Stadium; and WHEREAS, the City seeks to work with MSEA and Friends for a period of two (2) years from the Effective Date of the Memorandum of Understanding ("MOU"), during which time Friends, in consultation with the Steering Committee, as defined below, will plan and apply for grants and funding for the restoration of the Stadium, and develop an operating plan for the overall development and public use of the Stadium as provided in the Miami Marine Park portion of the Virginia Key Master Plan, approved by the City Commission in July, 2010 (the "Public -Private Partnership"); and WHEREAS, the City intends to form a Steering Committee ("Committee") for the Stadium to advise the City Manager as to the direction to be taken with regard to the various elements of the Virginia Key Master Plan and Miami Marine Park; and WHEREAS, the Committee shall further advise MSEA and Friends and is to be tasked with the objectives of assisting Friends to identify, in a holistic manner, the uses that over time can maximize the utilization of the Stadium and, at the same time, appropriately maximize the economic benefit of the redevelopment of this public area for the City and its residents; and WHEREAS, the City is providing assistance to the Committee as detailed in the attached MOU, for purposes of furthering the Public -Private Partnership; and City of Miami Page 1 of 3 File Id: 12-00012 (Version: 4) Printed On: 11/10/2014 File Number: 12-00012 Enactment Number: R-12-0080 WHEREAS, the Committee for the Stadium will consist of a twelve (12) member task force led by the City's Planning Director to assist and advise Friends as to Friends' conduct of the evaluations needed for all aspects of the Stadium Project, as defined in the MOU; and WHEREAS, the Committee members will develop a viable operating plan for the restoration of the Stadium within the two (2) year period stated above. Furthermore, the Steering Committee shall serve with no compensation and Florida Sunshine laws will fully apply to the Committee;, and WHEREAS, the initial evaluation area for the Steering Committee will encompass the following areas indicated in Exhibit "A" entitled Miami Marine Park Proposal (from the Virginia Key Master Plan, approved by the City Commission on July, 2010) attached and incorporated hereto: area 15 - the Marine Exhibition Center, area 16 - the Stadium, area 17 - the Marine Stadium entrance plaza and area 19 - the open green field. However, the City shall confirm and approve the evaluation area, for purposes of the MOU, not more than six (6) months following the Effective Date of the MOU. The City confirmed evaluation area (collectively, "Stadium Premises") shall be reserved for the future operations of the Marine Stadium; and WHEREAS, the City, MSEA, and Friends, in the Public -Private Partnership working through the Committee, grants to Friends, for a period of two (2) years from the Effective Date of the MOU, the right and responsibility to develop an operating plan and raise funds for the renovation of the Stadium; and WHEREAS, the City Commission desires to ratify, consent to, and approve the City's participation in the Public -Private Partnership and execution of the MOU; and WHEREAS, the Stadium, the Biscayne Bay basin area, and the Virginia Key Master Plan area have from time to time previously have benefitted from governmental funding for improvements, renovations, construction, installations, and other public projects derived from City issued bonds and other governmental bond, loan, and grant programs; and WHEREAS, the Internal Revenue Service Code of 1986, as amended, provides for certain guidelines and requirements for third -party entity agreements to lease, manage, operate, and otherwise use bond -financed facilities, and compliance with such federal requirements requires an approving opinion of Bond Counsel; and WHEREAS, all agreements, including but not limited to the MOU, among the City, MSEA, and Friends, must comply with the continuing compliance requirements of such governmental bond, loan, and grant programs, until all such funds are fully repaid;and WHEREAS, the parties agree that they will return to the City Commission within six (6) months following the effective date of the MOU and report to the City Commission the viability and legality of entering into an escrow agreement to establish the managment of any collected funds; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. City of Miami Page 2 of 3 File Id: 12-00012 (Version: 4) Printed On: 11/10/2014 File Number: 12-00012 Enactment Number: R-12-0080 Section 2. The City Manager is authorized {1} to execute a Memorandum of Understanding, in substantially the attached form, among the City, MSEA and Friends, establishing the City's participation in a public -private partnership in order for Friends, in consultation with the Committee, to plan and apply for grants and funding for the restoration of the Stadium, and develop an operating plan for the overall development and public use of the Stadium Premises to be redeveloped on Virginia Key, Miami, Florida and to provide for compliance with the requirements of the Internal Revenue Code of 1986, as amended, and all other applicable deed restrictions and governmental funding programs. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 3 of 3 File Id: 12-00012 (Version: 4) Printed On: 11/10/2014 MEMORANDUM OF UNDERSTANDING• tt This Memorandum of Understanding ("MOU") is entered into this t day of , 2012 ("Effective Date"), by and between the City of Miami ("City") located at 3500 an American Drive, Miami, FL 33133, the Miami Sports and Exhibition Authority '. (°MSEA") located at 3600 Pan American Drive, Miami, FL'33133 and Friends of Miami Marine .Stadium, Inc. ("Friends") located at 1390 Ocean Drive, No. 207, Miami Beach, Florida 33139 for • the evaluation of renovation and operation options for the Miami Marine Stadium. • RECITALS WHEREAS, there is a strong movement to rehabilitate the Miami Marine Stadium and its surrounding Biscayne Bay basin and uplands as a recreational and cultural site in the City; and WHEREAS, the Stadium is part of the Virginia Key Master Plan, which was approved by the City Commission in July 2010 as the successful culmination of a five year master planning process; and WHEREAS, in order to implement the Master Plan vision for the Stadium, further evaluation and analysis of specific .and detailed developmental and operational programs is required; and WHEREAS, the City Manager desires to create a Steering Committee for the Stadium to advise the City Manager, MSEA and Friends and to assist Friends to identify, in a holistic manner, the uses in and around the Stadium that, over time, can maximize the public utilization of the Stadium and, at the same time, appropriately maximize the economic benefit of the redevelopment of this public area for the City and its residents; and WHEREAS, the initial evaluation area for the Steering Committee will encompass the following areas indicated in Exhibit "A" entitled Miami Marine Park Proposal (from the Virginia Key Master Plan, approved by the City Commission on July 2010) attached and incorporated hereto: area 15 - the Marine Exhibition Center, area 16 the Stadium, area 17 - the Marine Stadium entrance plaza and area 19 — the open green field. The Steering Committee shall provide a report of its findings to the City Manager and the City Commission. The City Commission shall confirm and approve the area around the Stadium that is needed to generate sufficient revenue for the viable operation of the Stadium, for purposes of this MOU, not more than six (6) months following the Effective Date of this MOU. At the time the City Commission considers the evaluation area, it shall also consider options concerning how funds raised by Friends shall be held, as proffered by Friends and the City Attorney's Office. The City Commission -confirmed evaluation area (collectively, "Stadium Premises") shall be reserved for the future operations of the Marine Stadium; and WHEREAS, the rehabilitation of the Stadium and redevelopment of the Stadium Premises requires major. funding. Some funding sources have been secured by Friends and additional sources have been identified by Friends; however, additional sources must be identified to create a financially realizable Project, as defined below, with a sound business plan that can ensure the success of the Project well into the future; and WHEREAS, Friends of Miami Marine Stadium, Inc., a 501(c) (3) nonprofit corporation, is a Florida not -for -profit corporation, whose purpose is the preservation of the Stadium and its Page 1 of 6 restoration to useful public operation without requiring City financial subsidy. Friends is the only entity which has, since the Stadium was closed in 1992, organized and raised funds to preserve the Stadium, Through Friends' efforts, In consultation with the City, local citizens, planning and advocacy groups over the past several years, the cohesive Master Plan was developed for Virginia Key and funding sources mentioned above have been identified and vetted. Because of its substantial contributions and efforts to date, Friends is designated as the entity that is entitled and responsible to work, with the assistance of the Steering Committee, to further identify funding sources for the renovation and operation of the Stadium; and WHEREAS, the City desires to enter into a Public -Private Partnership with MSEA and Friends for a two year evaluation period in order to identify the viable renovation and operational options for the Stadium Premises and, thereafter, to secure these; and WHEREAS, the Stadium, the Biscayne Bay basin area, and the Virginia Key Master Plan area have from time to time previously have benefitted from governmental funding for improvements, renovations, construction, installations, and other public projects derived from City issued bonds and other governmental bond, loan, and grant programs; and WHEREAS, the Internal Revenue Service Code of 1986, as amended, provides for certain guidelines and requirements for third -party entity agreements to lease, manage, operate, and otherwise use bond financed facilities, and compliance with such federal requirements requires an approving opinion of Bond Counsel; and WHEREAS, ail agreements Including, but not limited to. this MOU, among the City, MSEA, and Friends, must comply with the continuing compliance requirements of such governmental bond, loan, and grant programs. NOW THERiEFORE, the Parties are entering into this IUIOU In order to: establish the Steering Committee; establish the authority and responsibility of Friends to identify funding sources for the renovation and operation of the Stadium Premises; and authorize and direct Friends to identify and evaluate renovation and operation options for the Stadium Premises (collectively, "Stadium Project or Project") for a two year period. 1. The recitals set forth above are incorporated herein. 2. The following Exhibits, which form a part of this MOU and are to be incorporated herein, are attached: Exhibit A Stadium Project Area 3. The Steering Committee will consist of a thirteen (13) member task force to assist Friends in its evaluations needed for all aspects of the Stadium Project. The Steering Committee will serve for a designated period of two (2) years from the Effective Date of this MOU and assist Friends to develop a viable restoration and operating plan. When the Steering Committee advises the City Manager that Friends has developed a viable restoration and operating plan, the Gity Manager shall have Friends present such plan beforeethe MSEA Board and the City Commission, After consideration, the MSEA Board and the Gity Commission shall determine whether Friends has raised sufficient funds for the restoration of the Stadium and developed a viable operating plan for the Stadium Premises, The Steering Committee shall serve with no compensation and Florida Sunshine laws will fully apply, Page 2 of 6 4. Except for the two (2) members designated below, the members of the Steering Committee shall be designated by the City Manager as follows: ▪ The Chair of the Steering Committee who shall be the Director of the City of Miami Planning Department and • Three (3) members of Friends of Miami Marine Stadium, Inc.; and • Two (2) community members with experience in development of comparable community projects; and • One (1) educational member from among; National Oceanic & Atmospheric Administration, University of Miami Rosenstiel School of Medicine, or Maritime and Science Technology Academy; and • One (1) commercial member from among: Marine Industry, restaurants, or the Seaquarium; and • One (1) nonprofit advooaoy member from among: Urban Environment League of Miami, Tropical Audubon, Friends of Virginia Key, Miami Neighborhoods United, Urban Paradise, or the Sierra Club; and • One ('I) community member,selected in consultation with the public; and • One (1) member from the Dade Heritage Trust; and • Two (2) MSEA Board Members to be selected and appointed by the MSEA Board; this selection shall not require any further approval or confirmation. 6. In addition, Friends and the Steering Committee shall have the assistance of the Assistant City Manager/Chief of infrastructure and additional staff as the City Manager deems appropriate. 6. As part of a viable operational plan, for -profit operators and businesses may need to be involved with the development of the Stadium Premises. It may then be necessary to issue various solicitations to insure transparency and create an atmosphere of competition for inclusion. The Steering Committee shall assist Friends in the development of a strategic plan for these for -profit operators and businesses that complement each other and the operation and maintenance of the Stadium Premises, which will help ensure the viability the Stadium Premises, in accordance with the vision of the Virginia Key Master Plan, as approved by the City Commission on July 2010. 7. Friends agrees that its fundraising activities will be limited to the purposes of this MOU. Friends may use funds raised to hire the necessary professionals (i.e. accountants, attorneys, etc.) to assist Friends in furthering their fundraising efforts and towards creating the operational plan. Capital funds raised must be held in Friends' attorney's trust account, and may not be used prior to the determination of the evaluation area by the City Commission. Friends will deliver to the Steering Committee simple monthly Page 3 of 6 financial statements showing: opening balance; new revenue per Friends' categorization; detailed expenditures per Friends' categorization; and closing balance. 8. The City, MSEA and Friends each agree and understand that any proposed renovation or operational options which the Steering Committee identifies shall be in compliance with deed restrictions, governmental funding requirements and the requirements of the internal Revenue Code of 1930, as amended, in connection with uses, operation, management and all other activities at the Stadium. All proposed or recommended agreements related to the uses and activities at the Stadium Premises end ail surrounding areas shalt be subject to review by the City Attorney and Bond Counsel for proper compliance requirements. 9, Nothing in this MOU, express or implied, is intended to: (a) confer upon any entity or person, other than the expressed parties herein, any rights or remedies under or by reason of this MOU as a third -party beneficiary, or otherwise; or (b) authorize anyone not a party to this MOU to maintain an action pursuant to or based upon this MOU. 10. Any notice provided pursuant to the terms and provisions hereof shall be deemed to be delivered when sent by hand delivery, delivery service or by certified mail, return receipt requested, postage prepaid and received by the addressee. Notices shall be sent to: If to the CiTY: With a copy to: If to MSEA: With a copy to: If to Friends: City Manager Ctty of Miami Miami Riverside Center 444 S.W. 2"6 Avenue 10th floor Miami, Florida 33130 City Attorney's Office City of Miami Miami Riverside Center 444 S.W. 2`d Avenue 9Th floor Miami, Florida 33130 Executive Director City of Mierrti 3500 Pan American Drive Miami, Florida 33133 City Attorney's Office City of Miami Miami Riverside Center 444 S.W, 211d Avenue 9th floor Miami, Florida 33130 Don Worth, Co -Chairman 1390 Ocean Drive, No. 207 Miami Beach, Florida 33139 Page 4 of 6 With a copy to: Jorge Hernandez 337 Palermo Avenue Coral Garbles, Florida 33134 Lynn B3, Lewis, Esq. Lynn S. Lewis, PA. 601 Briokell Key Drive, Suite 605 Miami, Florida 33131 11. This MOU was developed jointly by the City, MSEA and Friends, and the parties acknowledge that they will work together to realize the goals and objectives articulated in this document. [SIGNATURES APPEAR ON THE NEXT PAGE] Page 6 of 6 ATTEST: ATTEST: IN WITNESS WHEREOF, the parties have caused this MOU to be executed by their respective and duly authorized officers the day and year first above written. Friends of Miami Marine Stadium, Inc., a not -for - profit corporation ✓4 /741 By: lr' ' e'`".e-t,' ‘ Name: v 4,1 W r' v-- Title: o �[ �n C; �. f\ .. i> Priscili - A. Thompson, City Clerk APPROVED AS TO FORM AND CORRECTNESS: Juke O. Bru City Attorney ,c"k ATTEST: Priscitl A. Thompson, City Clerk. MIAMI SPORTS AND EXHIBITION AUTHORITY, an independent and autonomous agency and Instrumentality of the City of Miami, By: WJ47 rM Ki rk Menendez ec 1 e Director APPROVED AS ,6 INS NCB REQUIREMENTS: Calvin Ellis ,Risk Manag : ment Director CITY OF MIAMI, a Florida municipal corporation By: anager APPROVED AS TO FO AND APPROI AS TO INS RANCE CORRECTNESS R QUIRMENTS: Julie O. Bru City Attorney Calvin Eir is Risk M nage sent Director Page 6 of 6 Miami Marine Park Proposal Legend 1. Lookout point- 2. Rusty Pelican 3, Parking Garden 4. Existing Ri renbacker Marina 5. Proposed new Marina expansion 6. Rkkenbacker Causeway 7. Fresh Mark t 8. Fishing atarter Dock 9. Fountain 10. Rusty Pelican bridge 11. Ft -oracle's restaurant 12. Parking structure with retail liner 13. Pedestrian walkway 14. Dry stack storage 15. Marine Exh b€lion Center 16. Miami Marine Stadium 17. Marine Stadium entrance plaza 18. Htbie beach 19. Open green field 20. S GVn 21. Rowing -Club 77. Mast Acaderny CORPORATE RESOLUTION WHEREAS, Friends of Miami Marine Stadium, Inc., a Florida not -for - profit corporation whose principal address is 1390 Ocean Drive, No. 207, Miami Beach, Florida 33139 (hereinafter, the "Corporation"), desires to enter into a Memorandum of Understanding Agreement with the City of Miami and the Miami Sports and Exhibition, a copy of which is attached hereto as Exhibit "A" (hereinafter, the "Agreement")'; and WHEREAS, the Board of Directors of the Corporation, at a duly noticed and held corporate meeting at which a quorum was present, has considered the execution and performance of the Agreement in accordance with the Articles and By -Laws of the Corporation, 'copies of which Articles and By -Laws are attached hereto as Composite Exhibit "'B". NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS of the Corporation that Hilario Candela, as the Co -Chairman and Donald Worth as the Secretary of the Corporation are hereby authorized and instructed to enter into, to execute, and to deliver -the Agreement and to undertake the duties, responsibilities and obligations as stated in such Agreement in the name of, and on behalf of this Corporation, with the City of Miami and Miami Sports and Exhibition Authority upon terms and conditions contained in the Agreement to which this Resolution is attached. DATED this 1 day of April 2012. FRIEND MARINE S INC. Hilario Ca - Co -Chairman ATTEST: Donald Worth, Secretary N:\Carp\CorporateResolutionFMMS.wpd Miami Marine Stadium Steering Committee Resolution: MMSSC.R.12.001 December 18, 2012 Ms. Lynn Lewis offered the following resolution and moved its adoption: A RESOLUTION OF THE MIAMI MARINE STADIUM STEERING COMMITTEE ("MMSSC") RECOMMENDING TO THE CITY MANAGER, IN FULFILLMENT OF THE MMSSC'S RESPONSIBILITIES UNDER THE MEMORANDUM OF UNDERSTANDING, THAT THE CITY MANAGER RECOMMEND TO THE CITY COMMISSION THAT IT TRANSFER THE SUBJECT PROPERTY'S TITLE (LOCATION AND LEGAL DESCRIPTION ATTACHED HEREIN AS "EXHIBIT A") TO THE MIAMI SPORTS AND EXHIBITION AUTHORITY (°MSEA") AND THAT IN TURN, FURTHER RECOMMEND THAT MSEA ENTER INTO NEGOTIATIONS•WJTH FRIENDS OrTHE MIAMI MARINE STADIUM, INC. ("FMMS") TO AFFORD FMMS A COGNIZABLE REAL PROPERTY INTEREST IN THE SUBJECT PROPERTY ON AN EXCLUSIVE. BASIS FOR A PERIOD OF 18 MONTHS, BY THE END OF WHICH, FMMS WILL HAVE A SUBSTANTIALLY -COMPLETED, CAPITAL CAMPAIGN OF $31,000,000.00 WITH APPROPRIATE REPORTING MECHANISMS. Upon being seconded by Mr. Jaok Lowell, the.motfon was passed and adopted by a 10- 0 vote: Ms, Camila Alvarez Mr, Stu Blumberg Mr, Richard Bunnell . Mr. Luther Campbell Mr. Francisco Garcia Mr, Thorn Grafton Mr. Bertram Goldsmith Mr. Robert Holland Ms. Lynn Lewis Mr. Jack Lowell Mr. James Quinlan Commissioner Marc David Sarnoff Mr. Parker Thompson Yes ' Yes Yes Absent Yes Absent Yes Absent Yes Yes Yes Yes Yes 'Cohnny Martinez, City Manager Franc sco Garcia, Chair City of Miami Legislation Resolution: R-13-0282 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00673 Final Action Date: 7/11/2013 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING THE RECOMMENDATION OF THE CITY MANAGER, AND CONFIRMING AND APPROVING THE EVALUATION AREA, AS DEPICTED IN EXHIBIT "A", ATTACHED AND INCORPORATED, AS THE AREA NEEDED TO GENERATE SUFFICIENT REVENUE FOR THE VIABLE OPERATION OF THE MIAMI MARINE STADIUM, AS STATED IN THE MEMORANDUM OF UNDERSTANDING DATED MAY 15, 2012, AMONG THE CITY OF MIAMI, THE MIAMI SPORTS AND EXHIBITION AUTHORITY AND THE FRIENDS OF MIAMI MARINE STADIUM, INC., A 501(C) 3 NON-PROFIT CORPORATION. WHEREAS, it is desirable and in the best interest of the citizens of Miami to rehabilitate the Miami Marine Stadium and its surrounding Biscayne Bay basin and uplands (collectively "Stadium") as a recreational and cultural site in the City of Miami ("City"); and WHEREAS, pursuant to Resolution No. 12-0080, adopted March 8, 2012, the City Commission authorized the City Manager to execute a Memorandum of Understanding ("MOU"), for a two (2) year period, between the City, the Miami Sports and Exhibition Authority ("MSEA") and the Friends of Miami Marine Stadium, Inc., a 501(C)3 non-profit corporation ("Friends"), establishing the City's participation in a public -private partnership in order to plan and apply for grants and funding for the restoration of the Stadium, and develop an operating plan for the overall development and public use of the Stadium; and WHEREAS, the MOU established a Steering Committee consisting of a thirteen (13) member task force led by the City's Planning Director to identify uses to maximize the utilization and economic benefit of the redevelopment of this public area for the City and its residents by developing a viable operating plan for the restoration of the Stadium; and WHEREAS, one of the roles of the Steering Committee was to assess the area around the Stadium that was deemed necessary to generate sufficient revenue for the viable operation of the Stadium ("Evaluation Area"); and WHEREAS, the Evaluation Area, as established by the MOU, encompassed the following areas indicated in Exhibit "A" entitled Miami Marine Park Proposal, attached and incorporated: Area 15-The Marine Exhibition Center, Area 16-The Stadium, Area 17-The Marine Stadium Entrance Plaza, and Area 19-The open green field; and WHEREAS, the MOU requires that the Steering Committee provide a report of its findings to the City Manager and City Commission, at which point the City Commission shall confirm and approve the "Evaluation Area," which shall be reserved for the future operations of the Stadium; and WHEREAS, the City Manager, based on the report provided by the Steering Committee, recommends that the City Commission confirm and approve the "Evaluation Area" set forth in "Exhibit A", attached and incorporated; City of Miami Page 1 of 2 File Id: 13-00673 (Version: 1) Printed On: 11/10/2014 File Number: 13-00673 Enactment Number: R-13-0282 NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. The City Commission accepts the recommendation of the City Manager and confirms and approves the "Evaluation Area" as the area needed to generate sufficient revenue for the viable operation of Miami Marine Stadium, as stated in the MOU dated May 15, 2012, among the City, MSEA and Friends. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 13-00673 (Version: 1) Printed On: 11/10/2014 NO, Ast ':,.4:01.';4•44 .,.. , .... 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